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NYSE: HD
Home Depot Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for HD

Based on 15 analysts offering 12 month price targets for Home Depot Inc.
Min Forecast
$310.00-15.43%
Avg Forecast
$382.87+4.45%
Max Forecast
$470.00+28.23%

Should I buy or sell HD stock?

Based on 15 analysts offering ratings for Home Depot Inc.
Strong Buy
Strong Buy
7 analysts 46.67%
Buy
5 analysts 33.33%
Hold
3 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

HD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 1%
1
Strong BuyMaintains$420.00+14.59%2022-01-18
Oppenheimer
Top 5%
96
BuyUpgrades$470.00+28.23%2021-12-06
Jefferies
Bottom 22%
22
Strong BuyMaintains$455.00+24.13%2021-11-17
Barclays
Bottom 8%
8
Strong BuyMaintains$430.00+17.31%2021-11-17
Raymond James
Top 10%
91
BuyMaintains$420.00+14.59%2021-11-17
Telsey Advisory Group
Top 8%
93
BuyMaintains$425.00+15.95%2021-11-17
Wells Fargo
Top 1%
100
Strong BuyMaintains$400.00+9.13%2021-11-08
Loop Capital
Top 23%
78
HoldDowngrades$325.00-11.33%2021-10-08
Credit Suisse
Bottom 19%
19
BuyMaintains$330.00-9.97%2021-05-20
Piper Sandler
Top 7%
94
HoldMaintains$310.00-15.43%2021-05-19

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Forecast return on equity

Is HD forecast to generate an efficient return?
Company
1,896.78%
Industry
235.37%
Market
58.24%
HD's Return on Equity is... subscribe to Premium to read more.
Forecast

Forecast return on assets

Is HD forecast to generate an efficient return on assets?
Company
26.88%
Industry
18.23%
HD is forecast to generate... subscribe to Premium to read more.
Forecast

HD earnings per share forecast

What is HD's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$15.47+3.06%
Avg 2 year Forecast
$16.13+7.46%
Avg 3 year Forecast
$17.40+15.92%
HD's earnings are forecast to... subscribe to Premium to read more.
Forecast

HD revenue forecast

What is HD's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$150.0B+1.56%
Avg 2 year Forecast
$152.9B+3.55%
Avg 3 year Forecast
$158.0B+7%
HD's revenue is forecast to... subscribe to Premium to read more.
Forecast

HD earnings growth forecast

How is HD forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
4.71%
Industry
26.77%
Market
18.83%
HD's earnings are forecast to... subscribe to Premium to read more.
Forecast
HD's earnings are forecast to... subscribe to Premium to read more.
Forecast
HD's earnings are forecast to... subscribe to Premium to read more.
Forecast

HD revenue growth forecast

How is HD forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
2.17%
Industry
14.43%
Market
11.5%
HD's revenues are forecast to... subscribe to Premium to read more.
Forecast
HD's revenues are forecast to... subscribe to Premium to read more.
Forecast

Home Depot Stock Forecast FAQ

Is Home Depot Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: HD) stock is to Strong Buy HD stock.

Out of 15 analysts, 7 (46.67%) are recommending HD as a Strong Buy, 5 (33.33%) are recommending HD as a Buy, 3 (20%) are recommending HD as a Hold, 0 (0%) are recommending HD as a Sell, and 0 (0%) are recommending HD as a Strong Sell.

What is HD's earnings growth forecast for 2022-2024?

(NYSE: HD) Home Depot's forecast annual earnings growth rate of 4.71% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 26.77%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.83%.

Home Depot's earnings in 2022 is $15,938,000,000.On average, 13 Wall Street analysts forecast HD's earnings for 2022 to be $16,154,380,068, with the lowest HD earnings forecast at $15,663,587,655, and the highest HD earnings forecast at $16,592,960,523. On average, 13 Wall Street analysts forecast HD's earnings for 2023 to be $16,843,577,925, with the lowest HD earnings forecast at $15,872,435,490, and the highest HD earnings forecast at $17,553,660,565.

In 2024, HD is forecast to generate $18,169,761,680 in earnings, with the lowest earnings forecast at $17,491,006,215 and the highest earnings forecast at $19,224,443,249.

What is HD's revenue growth forecast for 2022-2024?

(NYSE: HD) Home Depot's forecast annual revenue growth rate of 2.17% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 14.43%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.5%.

Home Depot's revenue in 2022 is $147,699,000,000.On average, 9 Wall Street analysts forecast HD's revenue for 2022 to be $156,645,228,756,069, with the lowest HD revenue forecast at $155,643,431,636,179, and the highest HD revenue forecast at $157,682,517,477,107. On average, 9 Wall Street analysts forecast HD's revenue for 2023 to be $159,704,346,221,396, with the lowest HD revenue forecast at $156,484,461,869,335, and the highest HD revenue forecast at $161,725,498,298,698.

In 2024, HD is forecast to generate $165,027,361,691,588 in revenue, with the lowest revenue forecast at $163,237,974,322,665 and the highest revenue forecast at $166,496,940,370,164.

What is HD's forecast return on assets (ROA) for 2022-2025?

(NYSE: HD) forecast ROA is 26.88%, which is higher than the forecast US Consumer Cyclical industry average of 18.23%.

What is HD's Price Target?

According to 15 Wall Street analysts that have issued a 1 year HD price target, the average HD price target is $382.87, with the highest HD stock price forecast at $470.00 and the lowest HD stock price forecast at $310.00.

On average, Wall Street analysts predict that Home Depot's share price could reach $382.87 by Jan 18, 2023. The average Home Depot stock price prediction forecasts a potential upside of 4.45% from the current HD share price of $366.54.

What is HD's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: HD) Home Depot's current Earnings Per Share (EPS) is $15.01. On average, analysts forecast that HD's EPS will be $15.47 for 2022, with the lowest EPS forecast at $15.00, and the highest EPS forecast at $15.89. On average, analysts forecast that HD's EPS will be $16.13 for 2023, with the lowest EPS forecast at $15.20, and the highest EPS forecast at $16.81. In 2024, HD's EPS is forecast to hit $17.40 (min: $16.75, max: $18.41).

What is HD's forecast return on equity (ROE) for 2022-2025?

(NYSE: HD) forecast ROE is 1,896.78%, which is considered strong.
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